ONION BAN
Third Eye: BJP ally targets party leaders, micro, small and medium, and non-performing alliance partners
SBSP had fought the Lok Sabha polls as part of NDA and Rajbhar's son Arvind Rajbhar lost Ghosi to the SP candidate. While OP Rajbhar claimed that the viral video was 'mischievously edited' to show him in a bad light, some BJP leaders like Anil Rajbhar advised him to watch his words.
Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies
"Soyabean prices have been low as the crushing of our own crop was less due to higher imports of cooking oils. Low import duties and low prices in the international markets led to a substantial increase in the import of cooking oils," said BV Mehta, executive director, the Solvent Extractors' Association (SEA).
Social media savvy Maha onion farmers tip scales against NDA
Maharashtra farmers, led by figures like Sharad Joshi and Bharat Dighole, navigate challenges in onion trade amidst government policy shifts. The use of social media platforms like WhatsApp and Facebook has revolutionized farmer mobilization efforts, impacting political landscapes and market dynamics.
Govt plans big scale radiation processing of onions to prevent shortages
Government plans to irradiate onions to create a 1,00,000-tonne buffer stock amidst a projected 16% output decline. Radiation aims to extend shelf life, curb price volatility. Fifty irradiation centers identified near consumption areas; NAFED and NCCF tasked with procurement. Controlled atmosphere storage at railway hubs considered for quicker transportation.
India exports over 45,000 tonnes onion after lifting ban
India exported 45,000+ tonnes of onions post-ban lift, easing farmer woes. Nidhi Khare, Secretary, noted major exports to Middle East, Bangladesh. Govt has set minimum export price for onion. Monsoon forecast ensures good kharif crop sowing, buffer stock building.
Onion prices fall by 15% due to lack of export demand
India lifted export ban on onions, impacting domestic and international markets. Exporters face limited demand with Indian onions more expensive than Pakistani onions due to $550 per tonne minimum export price. Overseas buyers stocked Pakistani onions, leading to a crash in prices.
Why lifting of export ban won’t help increase exports or the local prices of onions
Five months after implementing a restriction on onion exports due to anticipated shortages in the rabi harvest, India revoked the ban on Saturday. But this decision is unlikely to significantly impact either export volumes or the reduction of domestic onion prices. Industry sources suggest that the government became aware of growing discontent among farmers, which could potentially influence voting in seven Lok Sabha constituencies in Maharashtra.
Election Commission nod taken before lifting ban on onion exports: Govt sources
The government on Saturday lifted the ban on onion exports, a decision that can help boost income of a large section of farmers and comes ahead of the Lok Sabha polls in key producing regions including Maharashtra. The government has imposed a minimum export price (MEP) of USD 550 per tonne (around Rs 46 per kg) as well as 40 per cent export duty. Taking duty into account, the shipments will not be allowed below USD 770 per tonne (around Rs 64 per kg).
Export ban lifted before voting in Maharashtra onion belt
The Directorate General of Foreign Trade (DGFT) on Saturday issued a notification permitting the export of onions with the Minimum Export Price (MEP) to $550 per tonne and 40% export duty. A ban on export was hurting the onion farmers in the Western Maharashtra and Marathwada, the area known as the onion belt of the country. These two regions alone produce 40% of the overall onion production of the country.
Onion exports: India lifts ban on sending onions out of the country
India has lifted the ban on onion exports after almost six months. The Directorate General of Foreign Trade set the Minimum Export Price at $550 per tonne. Onions have historically influenced India's political landscape during elections.
With export of oranges squeezed, Nagpur region farmers pin their hope on pulp
Trade tensions near Nagpur impact onion and cotton, affecting orange growers and cotton farmers in Vidarbha. Export policies and market fluctuations pose challenges, prompting farmers to seek alternative solutions like pulp factories amid the crisis.
Govt allows exports of specified quantity of white onion via three ports
The Indian government has eased an export ban on white onion exports from three ports. Exporters must obtain a certificate from the Horticulture Commissioner of Gujarat certifying the item and quantity of onion. The exports are allowed from Mundra Port, Pipavav Port, and Nhava Sheva/JNPT Port. The ban was imposed to increase domestic availability and control prices.
India allows additional 10,000 tonne of onion exports to UAE
India has authorized an extra 10,000 tonnes of onion exports to the UAE through the National Cooperative Exports Ltd (NCEL), as stated in a notification by the Directorate General of Foreign Trade (DGFT). The government had previously allowed shipments of 14,400 tonnes to the emirates while extending the ban on onion exports until further notice, originally imposed from December 8, 2023, until March 31, 2024.
Government to begin procurement of 5 lakh tonnes of rabi onion in 2-3 days to protect farmers' interest
Government ensures procurement of 5 lakh tonnes of rabi onion to support farmers amidst export ban extension. Measures to stabilize mandi prices, involve key officials, and protect farmers' interests are highlighted. Initiatives like Direct Benefit Transfer and radiation treatment for onion preservation are emphasized.
India extends onion export ban till further orders
India exported onions worth $431.78 million in April-January FY24 with $187.5 million shipped to Bangladesh and $48.12 million to Sri Lanka. In December last year, the government prohibited the export of onions till March 31, 2024 but allowed their shipments based on permission granted by the central government to other countries on the request of other countries.
India extends ban on onion exports indefinitely ahead of general election
India has extended its ban on onion exports indefinitely, a move that comes ahead of a general election and is expected to exacerbate high prices in some overseas markets. The ban, imposed in December, was due to expire on March 31. Traders had anticipated it would be lifted, but the government issued an order late on Friday. India, the world's biggest onion exporter, accounts for more than half of all onion imports by Asian countries.
Onion export ban unlikely to be lifted before Lok Sabha polls
Despite falling onion prices, the government won't lift export ban before elections. Limited exports continue. Poor crop leads to farmers holding produce; industry insiders fear high prices. Onion smuggling reported amid unclear modalities of actual exports.
'Centre plans to procure five lakh tonnes of onions this year for buffer stock'
The government's plan to create buffer stock comes amid an estimated fall in onion output in 2023-24. "Production of onion in 2023-24 is expected to be around 254.73 lakh tonnes compared to around 302.08 lakh tonnes last year due to a decrease of 34.31 lakh tonnes in Maharashtra, 9.95 lakh tonnes in Karnataka, 3.54 lakh tonnes in Andhra Pradesh and 3.12 lakh tonnes in Rajasthan," the agriculture ministry said in a statement on Thursday.
Onion prices fall by Rs 150 per quintal at Lasalgaon mandi
Driven by reports of the lifting of the export ban on the commodity, the modal wholesale onion prices shot up 40.62 per cent to Rs 1,800 per quintal on February 19 in Lasalgaon, the country's largest wholesale onion market, from Rs 1,280 per quintal on February 17.
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